Optimism vs XRP

Optimism and XRP are two popular blockchains. In this article we'll compare them across a variety of metrics. Both blockchains have their own strengths and weaknesses, and we'll explore them below.

Table of Contents

  1. Metrics
  2. Comparison

Comparing Metrics

Created byJinglan Wang, Benjamin Jones, Karl Floersch, and Kevin HoJed McCaleb, Arthur Britto and David Schwartz
Native tokenOPXRP
Consensus algorithmPoSRPCA
Hashing algorithmKECCAK-256RPCA
Supports EVMYesNo
Block time (secs)210
Supports smart contractsYesNo
Average transaction fee$0.141$0.0002
Staking rewards (APR)0%3.03%

High-level Comparisons

Is Optimism faster than XRP?

Yes, Optimism can process 4000 transactions per second. XRP only processes up to 1500.

Is Optimism cheaper than XRP?

Yes, Optimism has an average transaction fee of $0.141, whereas XRP costs $0.0002.